Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, November 04, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 11/3/2014



On Monday negotiated cash trading was inactive on very light demand in all feeding 

regions. Not enough sales for a market trend. Last week a light test of sales was 

noted in all major feeding regions. Last week in the Southern Plains and Nebraska 

live sales sold at 168.00. Dressed sales in Nebraska sold from 262.00-265.00. In

Colorado last week live sales sold from 168.00-169.50. In the Western Cornbelt 

for last week live sales sold from 166.50-167.00 and dressed sales from 263.00-

265.00.





Negotiated sales:

Confirmed:       585    Week ago:              778    Year ago:              840

Wk to Date:      585    Week ago to Date:      778    Year ago to Date:      840



Negotiated, Formula and contract purchases delivered to packers today:

Today:        86,000    Week Ago:           84,700    Year Ago:           85,200

Wk to Date:   86,000    Week Ago to Date:   84,700    Year Ago to Date:   85,200



Negotiated, Formula and contract commitments today: (generally for slaughter

within 7 days)

Today:       110,600    Week Ago:          100,500    Year Ago:           77,100

Wk to Date:  110,600    Week Ago to Date:  100,500    Year Ago to Date:   77,100



Negotiated: prices paid for Domestic Slaughter steers and heifers:

(Information derived from the 5 area weighted average LM_CT100)



Live basis                 Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice            -       avg          164.00-164.00 avg 164.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          164.00-164.00 avg 164.00



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg                -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        35,800

Weighted avg weight:               857

Weighted avg net price:         268.15





Covers transactions reported at 2:00 pm today.  Comments and market conditions

may include information gathered from voluntary sources, all prices, weights

and head counts are only those gathered through the mandatory reporting system.



Source:  USDA Market News Service, St Joseph, MO

         (816)-676-7000 e-mail:  stjoe.lpgmn@ams.usda.gov

         www.ams.usda.gov/mnreports/lm_ct130.txt



1100c  staff











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